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Saturday, 20 February 2016

CBI sends NIPER fund scam report to ministry

TNN | Feb 20, 2016, 05.52 AM IST

Chandigarh: The CBI has sent a detailed report containing the copy of FIR and list of all valuables recovered from the houses of the nine accused in the Niper fund scam to the union ministry of chemicals and fertilizers.

On February 12, the agency had raided 22 places, including the houses and offices of some of the top National Institute of Pharmaceutical Education and Research officials on the campus in Mohali. Files and property documents were seized .

A senior CBI official told TOI, "It was mandatory to inform the ministry about the legal action taken against the officials for a wing that is covered under the central government. We also informed the ministry about recovered articles and told raids were necessary as the booked officials were not cooperating with the probe officers."

Niper officiating director K K Bhutani and former director Prof (Dr) P Ramarao were among those booked for allegedly misappropriation of crores of rupees in the name of establishment of intellectual property rights department.

P Ramarao is currently dean with Central University of Bathinda in Punjab. The CBI has also booked a number of unknown Biper employees along with a Pune-based company.

The FIR was registered under various sections of forgery and cheating of IPC and some sections of Prevention of Corruption (PC) Act, 1988. NIPER is a prestigious autonomous institute set up by the union ministry of chemicals and fertilizers.